Turnkey 10-Unit Luxury Apartment
For Sale
$5,500,000
1478 Hornblend St, San Diego, CA 92109
Rebuilt luxury multifamily asset with in-unit laundry, split HVAC, and redesigned building systems throughout.
Property Size6,769 SF
Days on Market80
Property Features for 1478 Hornblend St
General Information
Standard status
Active
Size
6,769 SF
Property subtype
Multifamily
Occupancy
95%
Amenities
Newly Rebuilt 2024 Asset: Comprehensive permitted redevelopment completed in June 2024.
Turnkey Coastal Investment: Modernized property with limited near-term capital improvement needs.
Prime Pacific Beach Location: Positioned six blocks from the shoreline in a highly desirable coastal rental market.
Walkable Lifestyle Setting: Steps from Garnet Avenue's dining, retail, cafés, nightlife, and neighborhood amenities.
Extensive Infrastructure Upgrades: Updated electrical, plumbing, hot-water, fire-safety, foundation, roof, window, and exterior systems. Individual Split-System HVAC: Added comfort and modern functionality for residents.
In-Unit Washer/Dryers: Highly desirable amenity that supports rentability and tenant retention.
Private Outdoor Space: Each unit includes a patio or rooftop deck, enhancing the coastal living experience.
Select Ocean and Bay Views: View-oriented units add a premium lifestyle element in a beachside setting.
Building Details
Building Size
6,769 SF
Units
10
Listing Agency:
COLDWELL BANKER LEADERS
(858) 373-3166
Listed By:
Chris Zorbas · License #License(s): CA: 01301418
(858) 373-3166
Source:
Marcusmillichap
Added: Jun 13
Changed: Aug 23
Last Checked: Aug 31 at 1:02PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of COLDWELL BANKER LEADERS
Investment Insights
Based on property information with market context.
The Surf House is a trophy-quality 10-unit luxury apartment community that was completed in June 2024 after a comprehensive stripped-down-to-the-studs redevelopment under City of San Diego permits. The building has been brought to modern building code standards with major upgrades including a new 600-amp electrical system (100 amps per unit), all-new plumbing, a centralized hot water system, fire sprinklers, foundation work, a new roof, new windows, smooth-finish stucco, custom gutters, and architectural steel staircases. Each residence includes premium finishes such as quartz countertops, custom-style cabinetry, designer tile, luxury vinyl plank flooring, and high-end stainless-steel appliances.
Units also offer in-unit washer and dryer and individual split HVAC systems. Private outdoor living is part of the design, with exclusive patios or expansive roof decks, and many residences configured to capture panoramic ocean and bay views. The property is located at 1478 Hornblend Avenue in Pacific Beach/Mission Beach, about six blocks from the shoreline and steps from Garnet Avenue’s dining, retail, and entertainment corridor.
For tenants seeking a modern coastal rental experience, The Surf House combines updated building systems with designer interiors and dedicated outdoor space. For buyers or operators, the community is presented as turnkey following full redevelopment, with coordinated mechanical, electrical, and life-safety improvements intended to support long-term operating durability.
Units also offer in-unit washer and dryer and individual split HVAC systems. Private outdoor living is part of the design, with exclusive patios or expansive roof decks, and many residences configured to capture panoramic ocean and bay views. The property is located at 1478 Hornblend Avenue in Pacific Beach/Mission Beach, about six blocks from the shoreline and steps from Garnet Avenue’s dining, retail, and entertainment corridor.
For tenants seeking a modern coastal rental experience, The Surf House combines updated building systems with designer interiors and dedicated outdoor space. For buyers or operators, the community is presented as turnkey following full redevelopment, with coordinated mechanical, electrical, and life-safety improvements intended to support long-term operating durability.
Key Highlights
- 10‑unit luxury apartment community completed in June 2024 at 1478 Hornblend Avenue in Pacific Beach
- Stripped‑down‑to‑the‑studs redevelopment under City of San Diego permits with foundation, new roof, windows, smooth‑finish stucco, and custom gutters
- Major building systems upgrades: new 600‑amp electrical system (100 amps per unit), all‑new plumbing, centralized hot water, and fire sprinklers
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,277
Businesses Nearby
Explore this area
Business Placement
Demographics for 92109, CA
44,671
Population
26,503
Households
1.7
Avg Household Size
35
Median Age
70%
College-Educated
97%
High-School Grad
7.6 sq mi
ZIP Area
5,878
Density / Sq Mi
$118,300
Median Household Income
$71,054
Median Earnings
$2,362
Median Rent
$1,136,000
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Rebuilt luxury multifamily asset with in-unit laundry, split HVAC, and redesigned building systems throughout.
Where is this apartment building located?
The property is located at 1478 Hornblend St San Diego, CA.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: 10‑unit luxury apartment community completed in June 2024 at 1478 Hornblend Avenue in Pacific Beach; Stripped‑down‑to‑the‑studs redevelopment under City of San Diego permits with foundation, new roof, windows, smooth‑finish stucco, and custom gutters; Major building systems upgrades: new 600‑amp electrical system (100 amps per unit), all‑new plumbing, centralized hot water, and fire sprinklers
